T Bonds

By Terry Savage on February 04, 2024 | Chicken Money

My husband and I are 70 years old. He has $125,000 in savings and wants to keep some “on hand” for just in case moments. How much should he keep in savings and where should he put the rest? Thanks!

Terry Says

Read this: https://www.terrysavage.com/t-bills-beat-cds-2/

He might want to stagger purchases of 13 week and 26 week Tbills with perhaps $100,000, dividing it equally. And then maybe keep $25,000 in a bank money market account linked to the T-bill account (read the article for details). That way he will always have $25,000 liquid cash on hand for an emergency.



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